Region's finest talent in accountancy and finance recognised
The region's best and brightest in accountancy and finance were celebrated last night at the fourth annual Middle East Accountancy…
Tax
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Abu-Ghazaleh Joins the List of World's Most Prominent Chartered Accountants
HE Dr. Talal Abu-Ghazaleh, Chairman of the International Arab Society of Certified Accountants (IASCA) was included in the British "Journal…
Qatar, UAE top world tax ranking with 11.3% & 14.8% rates
Qatar and the UAE share an equal first place in the overall tax ranking, with a total tax rate of…
UAE and Hong Kong sign final agreement to avoid double taxation on income
The UAE signed today the final agreement for the avoidance of double taxation on income with Hong Kong, during a…
Israeli Swiss bank tax evasion investigation widens
A senior Israeli is among many suspected of owning unreported Swiss bank accounts totaling hundreds of millions of euros. …
Leumi May Reach Agreement With U.S. Over Tax Evasion by January
Bank Leumi Le-Israel Ltd. (LUMI) expects to reach an accord with the U.S. government by next month over accusations Israel’s…
New taxes will be the last resort to boost GCC revenues
Lower government revenues resulting from declining oil prices are expected to trigger further fiscal reforms across the GCC countries, however…
Israeli Swiss bank tax evasion investigation widens
A senior Israeli is among many suspected of owning unreported Swiss bank accounts totaling hundreds of millions of euros. …
Banking secrecy to remain despite FATCA
There is no threat to Lebanon’s banking secrecy, despite the mounting pressure from the international community to disclose the accounts…
Turkish Home Sales to Be Taxed on Capital Gains, Simsek Says
Turkey will tax capital gains from real estate sales as part of plans to turn the nation’s budget deficit into…
Saudi regulator suspends Deloitte from auditing listed companies
Saudi Arabia’s market regulator has suspended the local unit of accountancy firm Deloitte & Touche from doing auditing work for…
Qatar, UAE have world's least demanding tax frameworks
The Middle East continues to be the least demanding tax framework in the world, with an average total tax rate…